The author wrote that EU-China trade needed substantial rebalancing and said they had reached a shared understanding with Minister Wang Wentao to halve exports of HEVs and PHEVs, improve access to China’s market and further ease rare-earth export licensing. They called it a first step, welcomed the engagement and said the sides would meet again by January. https://t.co/SiKiZYLC8N #EU #China #TradeRelations



